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The CCFF is designed to provide bridging help to corporations which are basically strong (based mostly on pre COVID-19 metrics) but have been affected by a brief-time period funding squeeze, and thus could wrestle in present markets to acquire entry to finance for their working capital and liquidity wants. The BoE expressed its intention to help businesses throughout a spread of sectors to pay wages and suppliers, even whereas experiencing severe disruption to cashflows. Related Post: navigate here
